Daily Management Review

Odds Are Reducing In Favour Of Brexit


Votes in favour of Brexit witness the “sharpest drop in odds”.

Paddy power is a Irish bookmaker whose chances of voting in favour of Brexit from the “European Union in the referendum on the 23rd of June” has increased even more. During the end of last month there was the “sharpest drop in odds on the leave vote”.
Moreover, the main discussion point on almost every debate has expressed the fears of “immigration”, while the “record-breaking figures” have been released through “an ICM phone poll”. However, there has been a “surge of money” moving towards the direction of in favour of Brexit.
In fact, in a press release, the Paddy Power announced that the company has put more than “£500” in bets, which cited a seventy five percent of “market share” towards Britain leaving the EU. The company stated:
"We've seen plenty of support for Vote Leave in the past week and it is significant given the weight of money involved”.
"With immigration concerns top of the news agenda it’s no surprise punters are willing take a gamble on Vote Leave at bigger odds, while it’s telling that the betting reflects the mood of Britain in the most recent polls.”
Similarly, the chances of votes in favour of Brexit are also gaining popularity with other book-makers “as the campaign begins to heat up ahead of the referendum”.

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